In a major step towards improving cargo movement within Nigeria and across West Africa, Clarion Shipping West Africa Limited has launched the country’s first indigenous containership, MV Ocean Dragon. The …
Infrastructure
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BusinessEconomyInfrastructureINVESTMENTNigeriaTrade and CommerceTransportation & LogisiticsWestern Africa
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DevelopmentEnergyGOVERNMENTInfrastructureTechnology
NCC and REA Join Hands to Expand Digital and Energy Access in Rural Nigeria
The Nigerian Communications Commission (NCC) and the Rural Electrification Agency (REA) have officially launched a joint initiative to improve digital and energy access in rural communities across Nigeria. This was …
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EconomyGOVERNMENTInfrastructureOil & Gas
Nigeria’s 2025 Budget Under Threat as IMF Warns of Rising Deficit
Nigeria’s financial future is facing tough times as the International Monetary Fund (IMF) has warned that the 2025 national budget may not hold up due to falling oil prices, reduced …
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EnergyFinance & ServicesGOVERNMENTInfrastructureLabourTransportation & Logisitics
Tricycle Owners Accuse FG of Diverting Promised CNG Tricycles
The National Commercial Tricycle and Motorcycle Owners and Riders Association (NATOMORAS) has raised alarm over the alleged diversion of 2,000 Compressed Natural Gas (CNG) tricycles, which they claim were promised …
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BusinessEconomyGOVERNMENTInfrastructureINVESTMENTNigeria
Governor Bala Mohammed Tells Investors: Bauchi is Safe and Ready for Business
The Governor of Bauchi State, Bala Mohammed, has assured both local and foreign investors that Bauchi is one of the safest states in Nigeria and fully prepared to welcome new …
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AfricaAFRICA NEWSBusiness and EconomyEconomyEnergyInfrastructureNewsSouthern AfricaZAMBIA
Zambia Launches Largest Solar Power Plant to Boost Energy Security
Zambia’s President, Hakainde Hichilema, on Monday officially opened the country’s largest grid-connected solar power plant, a major step towards strengthening the nation’s electricity supply. The 100-megawatt solar facility, located in …
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DevelopmentEnergyFinance & ServicesInfrastructureSouthern Africa
AfDB Grants $139m Loan to Johannesburg for Infrastructure Upgrade in Landmark
The African Development Bank Group (AfDB) has approved a corporate loan of ZAR 2.5 billion (approximately $139 million) to the City of Johannesburg Metropolitan Municipality, making it the first time …
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DevelopmentEastern AfricaEnergyEnvironmentInfrastructurePolitics
Kenya Shifts First Nuclear Power Plant Project to Siaya
Kenya’s plan to build its first nuclear power plant has taken a new direction as the government shifts focus from Kilifi County to Siaya County, following strong opposition from residents …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyEnergyInfrastructureSouth AfricaTransportation & Logisitics
SA Secures $474.6 Million Loan from African Development Bank
South Africa has secured a fresh $474.6 million loan from the African Development Bank (AfDB) to support the country’s ongoing efforts to improve its struggling transport and energy infrastructure. The …
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EconomyFinance & ServicesGOVERNMENTInfrastructureNigeria
National Assembly Extends 2024 Capital Budget to December 2025 Amid Growing Fiscal Concerns
In June 2025, Nigeria’s National Assembly approved another extension of the capital portion of the 2024 national budget, moving its implementation deadline to December 31, 2025. This marks the second …